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Feb 21, 2013
02/13
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other members urged caution in withdrawing stimulus to the economy prematurely. the fed policy board is expected to examine the effectiveness of its asset purchasing program more closely after its next meeting in march. housing construction is a key indicator of the health of u.s. economy. the number of permits for new construction rose for a third straight month. this suggested recovery in the housing market remains on track. department of commerce officials say housing starts last month came to 890,000 units. that's a decline of 8.5% from december. construction of condos and other multifamily tumbled 26%. the drop was enough to offset a rise. housing permits rose 1.8% from december. that's the highest level since june 2008 before the start of the global financial crisis. let's get a check on tokyo markets. first taking a look at stocks. market sentiment is damaged. the nikkei is trading at 11,423. sources say investors are selling export related issues to take profits after recent gains. moving onto currencies now. the fed minute that hint at scaling back monet
other members urged caution in withdrawing stimulus to the economy prematurely. the fed policy board is expected to examine the effectiveness of its asset purchasing program more closely after its next meeting in march. housing construction is a key indicator of the health of u.s. economy. the number of permits for new construction rose for a third straight month. this suggested recovery in the housing market remains on track. department of commerce officials say housing starts last month came...
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Feb 24, 2013
02/13
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LINKTV
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in a rare appearance last week, the president-elect was focusing on the economy. >> so far, our economy has focused on chasing other advanced economies. now we need to become leaders. >> there has been a secret process and a scandal around appointing senior staff. >> the personnel appointments are very similar to the ones made under the authoritarian governments. >> it is a not subtle allusion to her late dictator father. the history attracts support from those who remember the miraculously rise from poverty and criticism of the political repression. she has only partially disallowed it. these numbers reflected divided electorate. >> conflicts have been created amongst vast generational and ideological lines. people have already made up their minds as to whether she is on their side. >> she campaigned on something that she called economic democratization, reining in the giant corporations, promoting smaller and medium-sized companies. expanding the country's welfare system. >> when the transition team announced the main goals and policies on thursday, the water down welfare expansion re
in a rare appearance last week, the president-elect was focusing on the economy. >> so far, our economy has focused on chasing other advanced economies. now we need to become leaders. >> there has been a secret process and a scandal around appointing senior staff. >> the personnel appointments are very similar to the ones made under the authoritarian governments. >> it is a not subtle allusion to her late dictator father. the history attracts support from those who...
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Feb 22, 2013
02/13
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KCSMMHZ
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it was the second early indicators signaling a strong rebound of the german economy. the euro was lagging behind the pessimistic remarks of the eu commission on the eurozone economy worried currency traders. >> we stay in frankfurt for a closer look at friday's numbers. the dax up by more than a full percent at 7661. euro stoxx 5 those doing much better -- 50 doing much better. across the atlantic, the dow once again flirting with 14,000, and the year of trading at a value of $1.3179 -- euro trading at a value of $1.3179. interior minister has been given the task of forming a new government after the resignation of the prime minister who lost support in an apparent power struggle between his party's moderate and hard-line wings. liberals in the country accuse the incoming prime minister of not doing enough to stop violence by radical islamists. germany's defense minister might have jumped the gun on announcing with the u.s. plans to do in afghanistan. at least -- he says at least a thousand american troops will stay in afghanistan after 2014 when international troops
it was the second early indicators signaling a strong rebound of the german economy. the euro was lagging behind the pessimistic remarks of the eu commission on the eurozone economy worried currency traders. >> we stay in frankfurt for a closer look at friday's numbers. the dax up by more than a full percent at 7661. euro stoxx 5 those doing much better -- 50 doing much better. across the atlantic, the dow once again flirting with 14,000, and the year of trading at a value of $1.3179 --...
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Feb 20, 2013
02/13
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KCSMMHZ
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is the economy on the mend? >> i think it is too early to say that. there are some signs of some green shoots appearing, but i think one of the things that has happened is greeks are looking at where their exports go and what they can do. 60% of their olive oil is exported to italy, which then packages it and makes an awful lot more money than greeks make just sending it off to italy. but nearly every analyst, i think, agrees greece is going to have a rough year this year, and it will not be until well into next year before they figure any real sign of recovery. >> thank you very much for that report. >> bulgaria's government has been forced to resign after days of mass protests over its austerity measures. >> demonstrators have been taking to the streets in the tens of thousands to voice their anger over low living standards and high electricity bills -- not to mention tax hikes. the rallies have shaken the country to the court as police have clashed with protesters. >> the prime minister, who handed in his government's resignation, said he does not
is the economy on the mend? >> i think it is too early to say that. there are some signs of some green shoots appearing, but i think one of the things that has happened is greeks are looking at where their exports go and what they can do. 60% of their olive oil is exported to italy, which then packages it and makes an awful lot more money than greeks make just sending it off to italy. but nearly every analyst, i think, agrees greece is going to have a rough year this year, and it will not...
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Feb 21, 2013
02/13
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LINKTV
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had a new economy of states. so, now we have over six companies. with eight other companies mining all over the country. we can finance the election with our own resources. >> former congressman jesse jackson jr. has pled guilty to misusing campaign funds. $750,000 were spent on personal use. flying ahead of the ceremony, [indiscernible] was held at the los angeles airport. it is his sixth business to america and he is the co- director of by a broken camera, surrounded by israeli settlements. the education system in indonesia has been plagued by bad teaching and high dropout rates. an innovative program is trying to fill the shortfall with smart, a young graduates in need. >> he is a long way from his home in the capital. a volunteer for the program with university graduate spending a year teaching at remote schools. the 23-year-old engineer lives on a volcanic island in a village nine hours from the local airport. they have a lot to catch up fund. they created techniques to engage with show and tell. one of 70 t
had a new economy of states. so, now we have over six companies. with eight other companies mining all over the country. we can finance the election with our own resources. >> former congressman jesse jackson jr. has pled guilty to misusing campaign funds. $750,000 were spent on personal use. flying ahead of the ceremony, [indiscernible] was held at the los angeles airport. it is his sixth business to america and he is the co- director of by a broken camera, surrounded by israeli...
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Feb 24, 2013
02/13
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LINKTV
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it means the economy does not grow. that is one of the issues of anyone at the voting booth today or tomorrow. >> thank you. staying in rome, pope benedict the 16th has been reassuring ball worse that he is not abandoning the roman catholic church. he was giving his final sunday blessing to a packed crowd. paul brennan has the story. >> it lasted barely 10 minutes. his last ever blessing in rome was laden with significant. to an audience of tens of thousands and a global television audience of millions, the pope offered reassurance. if the lord calls me to go up and dedicate myself more to prayer and meditation. this does not mean abandoning the church. if god is asking this of me, it is so that i may continue to serve it with dedication and love and a manner more appropriate to my aid in strength. from a conservation still reeling, and the message was well received. >> it was surprising. it was something new. we all had a little bit of surprise. why, you know? >> that has not stopped feverish rumors. let's the report p
it means the economy does not grow. that is one of the issues of anyone at the voting booth today or tomorrow. >> thank you. staying in rome, pope benedict the 16th has been reassuring ball worse that he is not abandoning the roman catholic church. he was giving his final sunday blessing to a packed crowd. paul brennan has the story. >> it lasted barely 10 minutes. his last ever blessing in rome was laden with significant. to an audience of tens of thousands and a global television...
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Feb 20, 2013
02/13
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KQED
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and united healthcare. >> your personal economy is made up of the things that matter most, including your career. and as those things change, fidelity can help you readjust your retirement plan, rethink how you are invested, and refocus as your career moves forward. wherever you are today, a fidelity ira has a wide range of investment choices that can fit your personal economy. fidelity investments, turn here. >> music is a universal language. but when i was in an accident, i was worried the health care system spoke a language all its own. with united healthcare, i got help that fit my life. information on my phone, connection to doctors who get where i am from, and tools to estimate what my care may cost so i never miss a beat. >> we are more than 78,000 people looking out for more than 70 million americans. that is health in numbers. united healthcare. >> "bbc world news" was presented by kcet los angeles. captioning sponsored by macneil/lehrer productions >> ifill: defense secretary leon panetta warned today he may furlough the vast majority of the department's 800,000 civilian wo
and united healthcare. >> your personal economy is made up of the things that matter most, including your career. and as those things change, fidelity can help you readjust your retirement plan, rethink how you are invested, and refocus as your career moves forward. wherever you are today, a fidelity ira has a wide range of investment choices that can fit your personal economy. fidelity investments, turn here. >> music is a universal language. but when i was in an accident, i was...
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Feb 23, 2013
02/13
by
LINKTV
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eye 105
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that is exactly what people want to see -- brought back to the spanish economy. that is exactly what people want to see. they really feel that their services are being cut, their jobs are being lost. that is why they are marching. they are marching because their standard of life has slipped so severely. the poor is still poor here, and the rich is still rich, but the middle class is really being battered. that is why we're seeing so many people come to the streets today. they will continue to protest until things start getting better for them. >> in madrid. many thanks pretty still to come, -- thanks. still to come -- >> in naples, at the heart of italy pos's is intended south. >> what american fishermen say efforts to save their industry may kill it. >> in less than 24 hours, italy goes to the polls to elect a new parliament. candidates have held their final rallies before elections that take place on sunday and monday. the outgoing prime minister, monti and berlusconi are both running. our reporter is in naples. >> this is old naples, the historic heart of ital
that is exactly what people want to see -- brought back to the spanish economy. that is exactly what people want to see. they really feel that their services are being cut, their jobs are being lost. that is why they are marching. they are marching because their standard of life has slipped so severely. the poor is still poor here, and the rich is still rich, but the middle class is really being battered. that is why we're seeing so many people come to the streets today. they will continue to...
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Feb 19, 2013
02/13
by
KCSMMHZ
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. >> the outlook is brightening for europe's biggest economy. investor sentiment in germany has surged to a three-year high. >> the index is one of the most closely watched investor confidence surveys. it pulls germany's top 300 financial analysts and is being taken as another sign that the german economy could rebound quickly from a sharp slowdown at the end of last year. on today's market action. german blue chips rallied tuesday to lock in solid gains for the second day running. all correspondence sent us this summary of the trading session in frankfurt. >> for the first time in weeks, traders had a reason to be happy again. stronger than expected zew investor sentiment was even welcomed with applause. after the heavy growth decline in winter, the data indicate a strong comeback of the german economy, driving up the european markets, but the euro was lagging behind because currency traders are already worried ahead of the election, which will take place on sunday. there was high demand for cars shares despite the record low of overall europea
. >> the outlook is brightening for europe's biggest economy. investor sentiment in germany has surged to a three-year high. >> the index is one of the most closely watched investor confidence surveys. it pulls germany's top 300 financial analysts and is being taken as another sign that the german economy could rebound quickly from a sharp slowdown at the end of last year. on today's market action. german blue chips rallied tuesday to lock in solid gains for the second day running....
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Feb 23, 2013
02/13
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LINKTV
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moody's says it has downgraded it because the economy is likely to stay sluggish the next few years. the news comes as an unwelcome surprise in london, especially for the finance minister who says the downgrade has made him more determined to cut the public debt. >> moody's lowered the rating by one notch. it is a blow to the government. some analysts say the austerity policies are hurting the economy at a time when it needs stimulus to generate growth. the finance minister sees things otherwise. >> this is a reminder of the debt problems britain faces and the clearest warning to those who think we can run away from dealing with those problems. >> britain has struggled to reduce its debt, a problem made worse by slow economic growth in recent years. bayless during the financial crisis have added to the problem. the slowlamed recovery and weak global economic activity and said low growth is likely to hamper government efforts to reduce debt. osborn said the government will stick by its policies. if we weaken our resolve, it would make the difficult situation much worse. we are clear t
moody's says it has downgraded it because the economy is likely to stay sluggish the next few years. the news comes as an unwelcome surprise in london, especially for the finance minister who says the downgrade has made him more determined to cut the public debt. >> moody's lowered the rating by one notch. it is a blow to the government. some analysts say the austerity policies are hurting the economy at a time when it needs stimulus to generate growth. the finance minister sees things...
WHUT (Howard University Television)
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Feb 19, 2013
02/13
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WHUT
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italy has the third largest economy in the eurozone. what happens here matters inside and outside the country. >> testing the mood and temperature on the tuscan coast. you may have noticed that the universe is moving faster than expected and scientists are struggling to explain why the galaxies are rotating at these speeds and planets are flying apart more quickly than they should. a team from america is going to use the hubble has -- hubble telescope to investigate what is called dark energy. our science correspondent explains. >> the world around us is made of atoms. they link up to form the buildings that we see, the water that flows, and all life on the planet. scientists have discovered something else out there that makes up most of the universe, a force that was present at the beginning of time. the current theory of physics suggests that the expansion of the universe slow down after the big bang and would then contract. instead with seems to be happening is that galaxies seem to be flying apart faster than ever before. scientists
italy has the third largest economy in the eurozone. what happens here matters inside and outside the country. >> testing the mood and temperature on the tuscan coast. you may have noticed that the universe is moving faster than expected and scientists are struggling to explain why the galaxies are rotating at these speeds and planets are flying apart more quickly than they should. a team from america is going to use the hubble has -- hubble telescope to investigate what is called dark...
WHUT (Howard University Television)
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Feb 20, 2013
02/13
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WHUT
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but like everywhere else in the economy business the you have. the the world bank says it's harder to do business here, corruption and [cri make things difficult for italian workers. >> >> it's getting harder and harder to run a business here apart from the general rules and regulations, it's hard to get credit. and the economic situation is tough. there's not much money around, so starting the new business is difficult. things are going badly. we've got a domestic scrice sis thanks to domestic policies and things over the years and foreign companies which we really need don't want to come ere to invest. >> we sell sandwiches and we are in the food business that business is still ok they think, but that is absolutely not true. here in florence there are loads of restaurants, and they are closing everywhere. in fact, we are probably hit first from the crisis. people stop coming to restaurants. they eat at home. >> the structural reforms italy so needs are the common things but italians know it's one thing for their politicians to promise and quite
but like everywhere else in the economy business the you have. the the world bank says it's harder to do business here, corruption and [cri make things difficult for italian workers. >> >> it's getting harder and harder to run a business here apart from the general rules and regulations, it's hard to get credit. and the economic situation is tough. there's not much money around, so starting the new business is difficult. things are going badly. we've got a domestic scrice sis thanks...
WHUT (Howard University Television)
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Feb 21, 2013
02/13
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WHUT
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. >> your personal economy is made up of the things that matter most, including your career. as those things change, fidelity can help you adjust your retirement plan, rethink how you are invested, and refocus as your career moves forward. wherever you are, a fidelity ira has a wide array of choices that can fit your personal economy. fidelity investments, turn here. >> at union bank, our relationship managers work hard to know your business. offering specialized solutions in the capital to help you meet your growth objectives. we offer expertise and tailored solutions for small businesses and major corporations. what can we do for you? >> and now, "bbc world news." >> hello, you are watching "gmt" on "bbc world news." another dramatic twist on the oscar prestorious case. police investigator leading the investigation is facing charges. revelations come as the caribbean fight bail. high unemployment -- as the pair olympian -- paralympian fight for bail. and a hot waters that are home to some very unusual wildlife. also in the program, jamie has a look at the world of business.
. >> your personal economy is made up of the things that matter most, including your career. as those things change, fidelity can help you adjust your retirement plan, rethink how you are invested, and refocus as your career moves forward. wherever you are, a fidelity ira has a wide array of choices that can fit your personal economy. fidelity investments, turn here. >> at union bank, our relationship managers work hard to know your business. offering specialized solutions in the...
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Feb 22, 2013
02/13
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KQED
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did make some transitions in the economy, make it a little bit liberalized from that perspective. there is one very important point. throughout their range, the castros have not allow anybody to come up to challenge the rule. there is not be right now that could step into that role. this period of transition will be very important. >> the only people around him are of similar age. octogenarians. if you are looking to the next generation, who would that be? >> that is a good question. perspective,ogical probably not. we're speculating, but part of that would be to ensure purity.call suggested they need to begin to lay the groundwork for that transition. they do not want the revolution to end when their lives to. >> what extent has delivered on that? what would change? >> there have been changes. economically, there have been changes. from my perspective, they have not been -- they have not been significant. if you replace castro with a younger generation, those changes might speed up. the u.s. relationship with cuba is codified in u.s. law. there would have to be some real changes
did make some transitions in the economy, make it a little bit liberalized from that perspective. there is one very important point. throughout their range, the castros have not allow anybody to come up to challenge the rule. there is not be right now that could step into that role. this period of transition will be very important. >> the only people around him are of similar age. octogenarians. if you are looking to the next generation, who would that be? >> that is a good...
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Feb 20, 2013
02/13
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WETA
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. >> your personal economy is made up of the things that matter most, including your career. and as those things change, fidelity can help you readjust your retirement plan, rethink how you are invested, and refocus as your career moves forward. wherever you are today, a fidelity ira has a wide range of investment choices that can fit your personal economy. fidelity investments, turn here. >> at union bank, our relationship managers work hard to know your business. offering specialized solutions in the capital to help you meet your growth objectives. we offer expertise and tailored solutions for small businesses and major corporations. what can we do for you? >> and now "bbc world news." >> this is bbc world news america. pastorius is back in court, listening to what witnesses had to say the night his girlfriend was shot dead. rebel fighters battle against the assad regime. >> if they take this not only will it be a strategic deterrent but also symbolically. >> silvio berlusconi tries to stage a comeback, but will the scandals of his past keep italian voters from returning hi
. >> your personal economy is made up of the things that matter most, including your career. and as those things change, fidelity can help you readjust your retirement plan, rethink how you are invested, and refocus as your career moves forward. wherever you are today, a fidelity ira has a wide range of investment choices that can fit your personal economy. fidelity investments, turn here. >> at union bank, our relationship managers work hard to know your business. offering...
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126
Feb 19, 2013
02/13
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CNBC
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eye 126
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this is to the because i can tell you exactly what the economy is going to do. we are not judges the beauty pageant. we're judging the judges. the judge will look at sequestration as a situation where none of the earnings for the second and third quarter can possibly be met in lurxury retail. >> they just showed a chart of it. >> it is an absurd rally. it's the best performing sector of the market last year by a long shot and quite frankly, i don't think that can withstand the headlines. >> are you short this sector? >> i'm not short the xly but i have no -- >> this judge wants to know what is going to bring optimism to a level where it matches the market move itself? you know what i have mean? >> i do, scott. if see's theses is holds true, if we break through that and we start threatening 1600 or above 1550 i think you start to see that optimism and with that a slight rise in interest rates. as steve liesman said, the one factor you're leaving out, housing. when people have jobs and getting better wage, the housing market has been pretty strong. there's no othe
this is to the because i can tell you exactly what the economy is going to do. we are not judges the beauty pageant. we're judging the judges. the judge will look at sequestration as a situation where none of the earnings for the second and third quarter can possibly be met in lurxury retail. >> they just showed a chart of it. >> it is an absurd rally. it's the best performing sector of the market last year by a long shot and quite frankly, i don't think that can withstand the...
WHUT (Howard University Television)
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Feb 22, 2013
02/13
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WHUT
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a third economy is italy. that's faring even poorer. going into an election this weekend, the economy is still expected to some rnk by .1% now. -- schrenk by .1%. >> italy continues to contract for the next year, pretty significantly, much more than france and germany, which everyone has been focusing on today. i think we can expect italy's economic performance to be bad the next couple of years. >> but there is a growing consensus things could even get worse depending on the election results this weekend. it's been called the make or break election. if the winner departs too far from the economic reforms which were put in place by the outgoing president, the markets could turn against italy once again. our correspondent spoke to one of italy's most successful entrepreneurses, the man behind a jeans company. he certainly has his concerns about the abilities of all the candidates going forward. >> just thinking about the tuation, just to make some little adjust, readjust, what exists. it's not really a program how to do something for thi
a third economy is italy. that's faring even poorer. going into an election this weekend, the economy is still expected to some rnk by .1% now. -- schrenk by .1%. >> italy continues to contract for the next year, pretty significantly, much more than france and germany, which everyone has been focusing on today. i think we can expect italy's economic performance to be bad the next couple of years. >> but there is a growing consensus things could even get worse depending on the...
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Feb 19, 2013
02/13
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WRC
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they will hurt our economy. they will add hundreds of thousands of americans to the unemployment list. people will lose their jobs. the unemployment rate might tick up, again. >> and that's why democrats, republicans, business leaders and economists they've already said that these cuts here in washington and sequesteration are a bad idea. they're not good for our economy and not how we should run our government. >> congress asks that this plan replace cuts through january of next year, which means, again, we are looking at another replacement plan, something far from a long-term solution to the budget problem. >> this morning we're looking at our area is among the areas that can be hurt the most by. government spending makes up 20% of our economy. defense spending also makes up almost 10% of our economy. >>> and right now, prince william county police are on the scene of a bizarre crime spree that started last night and ended with an suv crashing into a house in woodridge. tony is live on the scene with new deve
they will hurt our economy. they will add hundreds of thousands of americans to the unemployment list. people will lose their jobs. the unemployment rate might tick up, again. >> and that's why democrats, republicans, business leaders and economists they've already said that these cuts here in washington and sequesteration are a bad idea. they're not good for our economy and not how we should run our government. >> congress asks that this plan replace cuts through january of next...
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Feb 22, 2013
02/13
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WMPT
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. >> your personal economy is made up of the things that matter most, including your career. and as those things change, fidelity can help you readjust your retirement plan, rethink how you are invested, and refocus as your career moves forward. wherever you are today, a fidelity ira has a wide range of investment choices that can fit your personal economy. fidelity investments, turn here. >> at union bank, our relationship managers work hard to know your business. offering specialized solutions in capital to help you meet your growth objectives. we offer expertise and tailored solutions for small businesses and major corporations. what can we do for you? >> and now "bbc world news america." >> reporting from washington. bail.pistorius is granted the magistrate complaints the case has become a spectacle. disspirited italians go to the polls wondering if anyone can fix their country's economic problems. from the streets to the red carpet of hollywood, we followed two boys as they take a long journey in search of oscar gold. welcome to our viewers on public television in americ
. >> your personal economy is made up of the things that matter most, including your career. and as those things change, fidelity can help you readjust your retirement plan, rethink how you are invested, and refocus as your career moves forward. wherever you are today, a fidelity ira has a wide range of investment choices that can fit your personal economy. fidelity investments, turn here. >> at union bank, our relationship managers work hard to know your business. offering...
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Feb 22, 2013
02/13
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MSNBC
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efficiency reducing the usage of gasoline by increasing the gasoline tax and it would take less out of the economy than the fuel efficiency standards. what do you think of that idea? >> i'm an advocate for all of these things. i think there's a time, we haven't raised the tax i think before reagan took office. that's a long time and we need to raise money somewhere to move ourselves forward toward renewables and the gas tax is a way to do that and, again, as the op-ed said, there's a better way to reduce the usage of gasoline than to increase the efficiency of cars. because, in fact, increasing the efficiency of cars, you get more miles to the gallon and people tend to drive more. >> makes you want to drive more. >> cheaper to drive. so, in fact, a gas tax hits immediately. drops the use of the amount of gasoline that each person uses. another way to move it forward and this is not as popular among the left with natural gas as a transport fuel. there's three attempts of congress in the last year and a half to move forward the natural gas conversation as a transport fuel and both sides of the aisle
efficiency reducing the usage of gasoline by increasing the gasoline tax and it would take less out of the economy than the fuel efficiency standards. what do you think of that idea? >> i'm an advocate for all of these things. i think there's a time, we haven't raised the tax i think before reagan took office. that's a long time and we need to raise money somewhere to move ourselves forward toward renewables and the gas tax is a way to do that and, again, as the op-ed said, there's a...
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Feb 24, 2013
02/13
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CSPAN2
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as a novelist, michael ignatieff writes with economy, penetrating human inside and gripping immediacy. most recent novel is called charlie johnson into the flames, about a journalist without collisions who were swept up in the violence of war. is motivated by a sense of justice that only he can bring, and he has destroyed. as a public figure, michael ignatieff has served on the independent international commission on kosovo, 1999 and 2000 or he's been a member of parliament of canada, 2006-2011. he was the leader of the liberal party of canada between 2009-2011. he is a member of the queen's privy council for canada. he holds now a joint appointment at the school of global affairs at the university of toronto and the kennedy school at harvard university. michael ignatieff. [applause] >> is an enormous pleasure to be here in the far-off days when i still an honest man, i got a ph.d in history, and it was kind of wonderful to listen to historians again and hear what only historians can do, which is to take, take a text like "the prince" and begin to understand all the human conditions,
as a novelist, michael ignatieff writes with economy, penetrating human inside and gripping immediacy. most recent novel is called charlie johnson into the flames, about a journalist without collisions who were swept up in the violence of war. is motivated by a sense of justice that only he can bring, and he has destroyed. as a public figure, michael ignatieff has served on the independent international commission on kosovo, 1999 and 2000 or he's been a member of parliament of canada,...
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Feb 19, 2013
02/13
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CSPAN2
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because they were so-called developed economies. and so what i thought i would do here is just run through some of the lessons that we learned there that i think, you unfortunately, should have been looked at by the europeans. and they're only now starting to realize that they could have cut down this present negative situation because, let's face it, europe as a whole with a few exceptions is in either recession or stagnation. first, each country is unique and a cookie cutter approach does not work. this is something they didn't want to see. obviously, greece got into a situation by longtime mismanagement on the fiscal side, dragged the banks in. in the case of ireland, it was the banks that dragged sovereign in, much different i. wilbur is an expert on that. in the case of portugal, and we have some portuguese in the audience here, it was basically a decade of no growth in portugal. in the case of spain, it was a bubble in real estate that was financed by mainly the savings and loan institutions, some of which have gone under, a n
because they were so-called developed economies. and so what i thought i would do here is just run through some of the lessons that we learned there that i think, you unfortunately, should have been looked at by the europeans. and they're only now starting to realize that they could have cut down this present negative situation because, let's face it, europe as a whole with a few exceptions is in either recession or stagnation. first, each country is unique and a cookie cutter approach does not...
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614
Feb 22, 2013
02/13
by
CNBC
tv
eye 614
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the biggest embarrassment now is if the stock market goes vertical and the economy doesn't, the fed in a way has to temper the pace of equity gains. >> don't want any bubbles anywhere? >> what about the suggestion that the federal reserve is going to start winding down qe3. you know, what does that create in terms of disruption in the market? are you expecting that to create a selloff? this is all coming together at a time when we're also worried about rates beginning to spike over sequestration and a credit problem this country has. >> it has to happen at some point. let's say sequestration does happen. that's bond bullish and might replace the buying that the fed might over-wise do. while you might have concern over the exit plan, we don't know what the supply is going to be. in other words, could you see yields go nowhere. >> bruce, we were talking about how defensive issues are relatively speaking outperforming right now. what do you want to buy if you're convinced that we're going to go higher here through the end of this year? what will lead us higher, do you think? >> we think a
the biggest embarrassment now is if the stock market goes vertical and the economy doesn't, the fed in a way has to temper the pace of equity gains. >> don't want any bubbles anywhere? >> what about the suggestion that the federal reserve is going to start winding down qe3. you know, what does that create in terms of disruption in the market? are you expecting that to create a selloff? this is all coming together at a time when we're also worried about rates beginning to spike over...
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44
Feb 20, 2013
02/13
by
MSNBC
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eye 44
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continued his plea to the public and to congress saying that this is going to be devastating for the economy, he wants congress to act and it comes one day after a bipartisan commission released a new plan that would detail $2.4 trillion cuts over 12 years. mara? >> thank you. >>> we'll have more on those budget cuts and other political stories later in the show. >>> he was being considered for a big show, but now general john allen has announced that he's retired. he completed 19 months as top commander in afghanistan, instead of taking the new job, he'll retire to help his wife deal with health issues. here's your "first look" at the dish of scrambled politics americans still don't like congress very much. 15% approve of the job that the lawmakers are doing, up one point from last month. >>> deanny hoyer said that the 2016 presidential race is easy to predict, if hillary clinton decides to win, she'll clear the field. >>> tea party group has apologized for sending out a e-mail that was photo shopped to make karl rove look like a nazi to help raise funds. >>> choosing candy crowley to moder
continued his plea to the public and to congress saying that this is going to be devastating for the economy, he wants congress to act and it comes one day after a bipartisan commission released a new plan that would detail $2.4 trillion cuts over 12 years. mara? >> thank you. >>> we'll have more on those budget cuts and other political stories later in the show. >>> he was being considered for a big show, but now general john allen has announced that he's retired. he...
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148
Feb 20, 2013
02/13
by
WBAL
tv
eye 148
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and that's going to trickle down into the economy. now that announcement comes one day after president obama called on congress to act. >>> vice president joe biden is offering up advice on the best way to defend yourself in you with a firearm. in a facebook meeting tuesday, biden talked about the white house efforts to restrict the size of ammunition clips and other proposals. during that chashgts biden said the best thing foreprotection is a shotgun. >> put that double-barrel shotgun and fire two blasts outside the house. i promise you, whoever is coming in is not going to -- you don't need an ar-15. it's harder to aim. it's harder to use. and in fact, you don't need 30 rounds to protect yourself. buy a shotgun. >> buy a shotgun. all right. biden said he keeps two shotguns locked up at home and he's told his wife jill to use them if necessary. >>> he's been considered for a big new job but marine general allen said he's retiring. general allen just completed 19 months as top commander in afghanistan, but instead of taking the new jo
and that's going to trickle down into the economy. now that announcement comes one day after president obama called on congress to act. >>> vice president joe biden is offering up advice on the best way to defend yourself in you with a firearm. in a facebook meeting tuesday, biden talked about the white house efforts to restrict the size of ammunition clips and other proposals. during that chashgts biden said the best thing foreprotection is a shotgun. >> put that double-barrel...
55
55
Feb 21, 2013
02/13
by
CSPAN2
tv
eye 55
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the unlicensed economy also represents innovation. countless innovations that have made our lives easier and more convenient every day. they are dependent upon unlicensed spectrum is good if you have ever called on a cordless phone, change the channel with a television remote, or pushed a button on a garage door opener, you have benefited from the power of unlicensed technology. the unlicensed economy also represents a critical pathway for internet connectivity. today, more than one third of wireless data connections are uploaded into unlicensed spectrum is. most of us use the 2.4 gigahertz band, which is also the home of other wireless devices like cordless phones and microphones and microwave ovens and although the 2.4 gigahertz band continues to serve us well, it is growing very crowded. it is no wonder that the search is on to find more spectrum for unlicensed services. it is a search that this commission needs to support commissioned in regards to the law. it requires both licensed and unlicensed services across multiple spectrum
the unlicensed economy also represents innovation. countless innovations that have made our lives easier and more convenient every day. they are dependent upon unlicensed spectrum is good if you have ever called on a cordless phone, change the channel with a television remote, or pushed a button on a garage door opener, you have benefited from the power of unlicensed technology. the unlicensed economy also represents a critical pathway for internet connectivity. today, more than one third of...
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268
Feb 24, 2013
02/13
by
KNTV
tv
eye 268
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. >> the uncertainty of sequestration is really harming our states and national economy. >> there can't be any question. this is something nobody wants. right? it's not a balanced, thoughtful compromise. >> reporter: hope for a deal is fading but the president said today there is still time. >> these cuts don't have to happen. congress can turn them off any time with just a little compromise. >> reporter: recent polls show a majority of americans support the president's plan to avert the sequester through new taxes and spending cuts. but house republicans say they just agreed to raise taxes and this deal should be solely based on slashing spending. >> house republicans have already passed two bills to replace the president's sequester. so the question is, why won't he work with us? and the answer, quite simply, is because he wants higher taxes. >> reporter: meanwhile the obama administration is warning of dire consequences. arguing as many as 10,000 teachers could be laid off. more than 1,000 fbi agents could see cutbacks or furloughs. there could be as many as 2,100 fewer food safety i
. >> the uncertainty of sequestration is really harming our states and national economy. >> there can't be any question. this is something nobody wants. right? it's not a balanced, thoughtful compromise. >> reporter: hope for a deal is fading but the president said today there is still time. >> these cuts don't have to happen. congress can turn them off any time with just a little compromise. >> reporter: recent polls show a majority of americans support the...
WHUT (Howard University Television)
95
95
Feb 21, 2013
02/13
by
WHUT
tv
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. >>> many japanese were starting to feel optimistic about the future of the nation's economy with the new prime minister, but prices at the pump are putting a damper on things. ron madison is here with the latest on that. >> it is times like these when i'm glad i don't have a car, but people like you and other drivers are feeling the pinch now because gas prices have been increasing for at least the past two months now. japanese government surveys asked questions of major wholesalers about the higher retail prices of gasoline and kerosene. the agency is concerned about excessive prizes caused by the weaker yen to push-up the cost of natural imports. the energy agency officials summoned executives of oil wholesalers on thursday asking executives about their company's cost for crude oil imports, the volume of gasoline shipments as well as inventories. now the average retail price of regular gasoline climbed for an 11th straight week. the price of kerosene has also risen for a 12th week in a row. the president of the japanese oil wholesalers organization says he will instruct member comp
. >>> many japanese were starting to feel optimistic about the future of the nation's economy with the new prime minister, but prices at the pump are putting a damper on things. ron madison is here with the latest on that. >> it is times like these when i'm glad i don't have a car, but people like you and other drivers are feeling the pinch now because gas prices have been increasing for at least the past two months now. japanese government surveys asked questions of major...
55
55
Feb 18, 2013
02/13
by
CSPAN2
tv
eye 55
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the 10th largest economy, korea, in the world. and he is that he really wants to move ahead on the. and so i really hope so but, of course, it's clouded by this territorial disputes. the other is something, and trade as was mentioned, is a subject that mcgraw has shown tremendous leadership and over the last decade. and we now have something new on the table, not so new was announced almost two new year ago which is a trans-pacific partnership. and i think japan should be part of that. it will take a courageous decision of abe because there's a lot of people entrenched in japan that did not want to be part of that. but i think if you can do the things that we talked about before, you know, he's announced a fiscal stimulus, pushing the bank of japan on the monetary stimulus. if it into the structural reforms i discussed, and push on these do, northeast economic bloc and japan pacific trade, i think this will be a big help to japan on exports. and as we all know, japan is very dependent on exports and you need to stop hollowing out
the 10th largest economy, korea, in the world. and he is that he really wants to move ahead on the. and so i really hope so but, of course, it's clouded by this territorial disputes. the other is something, and trade as was mentioned, is a subject that mcgraw has shown tremendous leadership and over the last decade. and we now have something new on the table, not so new was announced almost two new year ago which is a trans-pacific partnership. and i think japan should be part of that. it will...
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74
Feb 22, 2013
02/13
by
MSNBC
tv
eye 74
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they will hurt our economy. they'll add hundreds of thousands of americans to the unemployment rolls. this is not an abstraction. people will lose their jobs. >> we in the house have passed on two occasions legislation to replace the across the board cuts in sequestration to frankly reasonable, better thought-out cuts. the president and the democrats in the senate have refused to do that. >> we have some automatic spending cuts coming up in nine days that will lay off hundreds of thousands of folks. this is the problem the congress can solve. we don't need the automatic, mindless spending cuts to hurt the economy, the military readiness. >> joining me now, nbc news senior political editor mark murray. we know all of that carries on in to the next week. what are you looking ahead to? >> tamron, as you just saw, president obama took to the bully pulpit on the sequester to argue there should be a type of solution for congress to be able to avert these looming spending cuts. and i would assume that you're going to s
they will hurt our economy. they'll add hundreds of thousands of americans to the unemployment rolls. this is not an abstraction. people will lose their jobs. >> we in the house have passed on two occasions legislation to replace the across the board cuts in sequestration to frankly reasonable, better thought-out cuts. the president and the democrats in the senate have refused to do that. >> we have some automatic spending cuts coming up in nine days that will lay off hundreds of...
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86
Feb 22, 2013
02/13
by
FBC
tv
eye 86
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quote 0
the economy is trudging along. i do believe we'll see 1550 in the s&p by the end of the year but we have gone up too far and too fast and we are overdue for a correction. david: but, steven, on the other time, every time you sense that we're in for a pullback like the end of yesterday's trading session you get a push back up like today. it is always this pullback and then, a strong push up again. usually on comments by the fed. is that going to continue? >> you know i think that --. david: hold on a second, larry. that is for steven. >> i'm right next to you. >> sorry. david, i think so. the pattern we've seen really for the better part of 18 months in the equity side of the equation just that. we had corrections. they have been fairly shallow. the most significant one is probably 6% area. just like we've seen this week, we're 2% off the highs in the s&p and sentiment on the street, particularly in institutional trading community i talk to a lot, really money is on the sidelines. any pullback we get money is put to
the economy is trudging along. i do believe we'll see 1550 in the s&p by the end of the year but we have gone up too far and too fast and we are overdue for a correction. david: but, steven, on the other time, every time you sense that we're in for a pullback like the end of yesterday's trading session you get a push back up like today. it is always this pullback and then, a strong push up again. usually on comments by the fed. is that going to continue? >> you know i think that --....
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60
Feb 24, 2013
02/13
by
FOXNEWS
tv
eye 60
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you can't keep giving tax cuts to the wealthy and think that's going to turn around an economy -- >> what we need is real tax reform and that is lowering the -- making the tax a level playing field so everybody has skin in the game. how about a flat tax so everyone is involved and stap redistributing the wealth? hour government can't cut 2% from spending. i think it's outrageous. but the tea party people will be waiting for this tour to come about and these cities across the country. we will be waiting -- >> what are they going to do? >> we wanted less spending and lower government involvement -- [overlapping dialogue] >> jamie: chris? >> i hate to burst your bubble, but if the tea party was such a powerful political force, you would have shown it in the last election, you are losing in state after that -- >> the tea party is well on the case i. let me finish -- [overlapping dialogue] >> jamie: chris? >> the fundamental problem i think facing the tea party is that they don't make mathematical sense. you cannot have a multi-trillion-dollar deficit and debt problem that you can solve -
you can't keep giving tax cuts to the wealthy and think that's going to turn around an economy -- >> what we need is real tax reform and that is lowering the -- making the tax a level playing field so everybody has skin in the game. how about a flat tax so everyone is involved and stap redistributing the wealth? hour government can't cut 2% from spending. i think it's outrageous. but the tea party people will be waiting for this tour to come about and these cities across the country. we...
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20
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what would have any victory mean for italy's economy and frankly the euro zone with the placate european leaders are causing more concern the problem of europe is not the problem of public debts this is a financial assault that has been concerted by private entities to milk money from the eurozone that said schools berlusconi is not really the best choice to drive around these difficult obstacles and the moment he wasn't really so much better despite being well connected with financial world so this is a big. happiness with. him parents must sort of the dark horse here the anti-establishment candidate the former comedian that big rino or graham sorry must be buttering his they don't really write well of course he is talking about nothing less than a revolution here i mean is there a real chance for him in this election. this you come from a land who has been famous for revolution and generally revolutionaries is quite detailed programs he has a wonderful work. but very little continent and this is a big worry because as soon as he gets a gets in parliament it's not just italian politics
what would have any victory mean for italy's economy and frankly the euro zone with the placate european leaders are causing more concern the problem of europe is not the problem of public debts this is a financial assault that has been concerted by private entities to milk money from the eurozone that said schools berlusconi is not really the best choice to drive around these difficult obstacles and the moment he wasn't really so much better despite being well connected with financial world so...
99
99
Feb 18, 2013
02/13
by
CNBC
tv
eye 99
favorite 0
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and i believe that advanced economies, systemically important economies must be sensitive to the lower impact of their policies. >> also speaking on the sidelines of the g-20, australia's deputy prime minister dismissed talk of a currency war, but did admit that a stopping aussie/dollar is a concern and key to australia's economy. >> we saw a huge crash in commodity prices in the second half of last year and that relied heavily on our revenues. and part and parcel of all of that was doubts about the future of chinese growth. but if the chinese economy is growing 7.5% or 8%, that's still very strong growth. it's good news not just for australia, not just for the region, but for the global economy. the chinese economy is something like 40% larger than it was at the end of the 2007 when it was growing at 10. so with an economy growing at 8 or just below 8, it's still making a significant contribution to global growth. >> have we got a better balance now in terms of austerity versus growth in terms of a coordinated g-20 agenda? >> look, i was pleased to hear the discussion about the econom
and i believe that advanced economies, systemically important economies must be sensitive to the lower impact of their policies. >> also speaking on the sidelines of the g-20, australia's deputy prime minister dismissed talk of a currency war, but did admit that a stopping aussie/dollar is a concern and key to australia's economy. >> we saw a huge crash in commodity prices in the second half of last year and that relied heavily on our revenues. and part and parcel of all of that was...
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149
Feb 16, 2013
02/13
by
CSPAN2
tv
eye 149
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this has economic implications in our economy. our economy runs on gps now. we are aware of this. we are certainly, in our work, we are working to make sure that there is adequate redundancies that we could test so that the system not only relies on the gps signal. another situation and issues associated with that as well. out in our focus is command and making sure frequencies and thea that we transmit is reliable and valid data. from that point of view we have a robust research effort going on in that spot as the gps signal, we are aware of it. we are cognizant of what doctor humphrey said. it is part of our knowledge base and the constraints we are operating under, but we don't have any particular research efforts this. >> not only because of safety, but if doctor humphreys and his students can spoofed the gps system, what else can the terrorist groups still. with commercial uaf operating in the national airspace, using encrypted command-and-control and navigation. >> does that sound right? >> military today uses encrypted links. i believe that a solution may not be as viable f
this has economic implications in our economy. our economy runs on gps now. we are aware of this. we are certainly, in our work, we are working to make sure that there is adequate redundancies that we could test so that the system not only relies on the gps signal. another situation and issues associated with that as well. out in our focus is command and making sure frequencies and thea that we transmit is reliable and valid data. from that point of view we have a robust research effort going...
141
141
Feb 21, 2013
02/13
by
CNBC
tv
eye 141
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we're expecting the eurozone economy to contract another 10.2% this year. that's not that far away from the consensus. we expect that you get continued divergence within the eurozone and germany, which had a very soft patch at the end of the last year is picking up and that's supported by the pmi data whereas other economies in europe are stag nating or weakening. >> wouldn't it be easier if they were all stag nating or weak? even if germany is weak, the central bank can come in and say we have to be more accommodating. but if they're holding in okay, that puts more of the onus on the periphery or even france, that means the economies would like more saurt and might not get it. >> but this divergence in europe is part of the recovery process. germany needs to see stronger than after growth at other countries effectively deflate in order to get these big imbalances to reverse over time. and that's really part of the recovery process. we don't think that the european economy itself needs to be strong for european equities to perform well. let's face it, last
we're expecting the eurozone economy to contract another 10.2% this year. that's not that far away from the consensus. we expect that you get continued divergence within the eurozone and germany, which had a very soft patch at the end of the last year is picking up and that's supported by the pmi data whereas other economies in europe are stag nating or weakening. >> wouldn't it be easier if they were all stag nating or weak? even if germany is weak, the central bank can come in and say...